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GBP/USD tumbles lower as losses accelerate
GBP/USD lost its footing on Tuesday, shedding almost a full percent after UK labor figures came in mixed, but all Cable traders could focus on was a steeper-than-expected upswing in the UK Unemployment Rate.
GBP/USD
Fxstreet
Tue, Nov 12
NZD/JPY Price Analysis: Pair rises within channel, bearish crossover may signal decline
The NZD/JPY rose mildly to 91.65 in Tuesday's session. The pair saw some gains but remains stuck in a clear trading channel between 92.00 and 91.00.
NZD/JPY
Fxstreet
Tue, Nov 12
Australian Dollar declines amid US Dollar rally ahead of labor data
The AUD/USD plunged in Tuesday's session, declining by 0.66% to 0.6535.
AUD/USD
Fxstreet
Tue, Nov 12
Canadian Dollar slips to 2-year low as markets lose interest in Loonie
The Canadian Dollar (CAD) continued to shed weight against the Greenback, testing a fresh 25-month low against the globally-dominant US Dollar as Loonie traders continue to lose interest in the CAD.
USD/CAD
Fxstreet
Tue, Nov 12
Mexican Peso tanks on Trump cabinet picks, trade war concerns
The Mexican Peso extends its losses against the Greenback on Tuesday on risk aversion due to US President-elect Donald Trump’s first appointments to his cabinet.
USD/MXN
Fxstreet
Tue, Nov 12
EUR/USD tumbles below 1.0600, hits new yearly low
The Euro plummets sharply against Greenback, cracks below the 1.0600 figure for the first time since November 2023, refreshes new yearly lows at 1.0594.
EUR/USD
Fxstreet
Tue, Nov 12
EUR/CAD Price Analysis: Pair facing oversold conditions, correction likely
The EUR/CAD pair witnessed a decline of 0.30% on Tuesday, reaching a low of 1.4785, the lowest level since July.
EUR/CAD
Fxstreet
Tue, Nov 12
GBP/USD Price Forecast: Dives below 200-day SMA and 1.2800
The Pound Sterling plummets more than 0.60% on Tuesday, after labor market data was mixed, with the Unemployment Rate rising sharply, as the economy added over 220K jobs to the economy, 150K less than in the previous reading.
GBP/USD
Fxstreet
Tue, Nov 12
AUD/USD slumps to near 0.6550 as Trump trades swell, US inflation in focus
The AUD/USD pair falls sharply to near 0.6550 in North American trading hours on Tuesday.
AUD/USD
Fxstreet
Tue, Nov 12
CNY: the state advances, the private sector retreats – Commerzbank
There is a saying in China - "guo jin, min tui" (国进民退) — which roughly translates as "the state advances, the private sector retreats".
USD/CNH
Fxstreet
Tue, Nov 12
GBP/CAD Price Prediction: Breaking out of Rising Wedge and falling
GBP/CAD is breaking decisively out of a Rising Wedge pattern and declining quite quickly.
GBP/CAD
Fxstreet
Tue, Nov 12
Norges Bank is doing it right – Commerzbank
Looking at the Norwegian inflation figures published yesterday, I can only conclude: Norges Bank is doing it right.
USD/NOK
Fxstreet
Tue, Nov 12
USD/CAD Price Forecast: Continues to face pressure above 1.3950
The USD/CAD pair gives up half of its intraday gains after facing selling pressure above the key resistance of 1.3950 in the North American session on Tuesday.
USD/CAD
Fxstreet
Tue, Nov 12
EUR/CHF Price Forecast: Attempting a bearish breakout from a Triangle pattern
EUR/CHF is attempting to break out of a Triangle pattern it has formed over the last three months (see chart below).
EUR/CHF
Fxstreet
Tue, Nov 12
Germany Current Account n.s.a. climbed from previous €14.4B to €22.6B in September
Germany Current Account n.s.a. climbed from previous €14.4B to €22.6B in September
EUR/USD
Fxstreet
Tue, Nov 12
EUR/GBP expected to continue downtrend as outlook bleaker for Europe than the UK
EUR/GBP trades flat on Tuesday as it finds its feet following a five-day losing streak.
EUR/GBP
Fxstreet
Tue, Nov 12
Brazil Retail Sales (MoM) below forecasts (1.1%) in September: Actual (0.5%)
Brazil Retail Sales (MoM) below forecasts (1.1%) in September: Actual (0.5%)
Fxstreet
Tue, Nov 12
GBP: Focus on Huw Pill speech – ING
Today's September release of UK earnings data has come in slightly stronger than expected and it looks like the downward momentum in private sector pay has started to slow.
EUR/GBP
GBP/USD
Fxstreet
Tue, Nov 12
USD/JPY Price Forecast: Broadening Formation unfolding, probably bearish
USD/JPY is probably forming a Broadening Formation price pattern which began in the last week of September.
USD/JPY
Fxstreet
Tue, Nov 12
EUR: 'Atlantic spread' moves wider still – ING
The 'Atlantic' spread as some traders call it has widened even further, ING’s FX analyst Chris Turner notes.
EUR/USD
Fxstreet
Tue, Nov 12
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